Softbank
Encyclopedia : S : SO : SOF : Softbank
(TYO: [9984]SoftBank was established in Tokyo, Japan on September 3, 1981, and had a market capitalisation of approximately US$32.8 billion at 28 February 2006.) is a leading Japanese telecommunications and media corporation, with operations in broadband, fixed-line telecommunications, e-Commerce, Internet, broadmedia, technology services, finance, media and marketing, and other businesses.
SoftBank's corporate profile includes various other companies such as Japanese broadband company Cable & Wireless IDC, cable company BB-Serve, and gaming company GungHo Online Entertainment. Additionally, it has various partnerships in Japanese subsidiaries of foreign companies such as Yahoo!, E*Trade and Morningstar.
Various media outlets have reported that Softbank and Apple Computer are jointly developing a 3G mobile phone with a built-in iPod player for the Japanese market.[link] [link] [link]
Timeline
- January 28, 2005 SoftBank becomes the owner of the Fukuoka SoftBank Hawks, a Japanese professional baseball team.
- March 17, 2006 SoftBank announces that its agreement to buy Vodafone Japan, giving it a stake in Japan's $78 billion mobile market.
- Softbank completed the purchase of 23% of Betfair, an Internet betting exchange, in early April, 2006.
External links
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